In the early session, the bulls and bears are engaged in a tug-of-war. Bitcoin initially used a pullback to the 65,000 level to halt the decline and rebound. Trump made another statement, causing the price to surge and rise to around 67,000, facing resistance. The price then recovered to the 66,000-67,000 range for weekend consolidation. With strong support at the bottom, a short-term bullish volume continuation is expected. The highest recovery reached around 67,777 but faced resistance, and currently, it is fluctuating around 67,300.



As for Ethereum, early in the session, a spike tested the low near 1,940, halting the decline and rebounding. The market recovered to the 2,000 level, with bulls continuing to push higher. It is now fluctuating around 2,040. Today, consider shorting around 67,000; I am still adding to my position. For Ethereum, short positions around 2,030 can still be held.

Looking at the current chart, the daily five-day decline was halted at the lower band, indicating a phase of rebound correction. The daily chart has turned positive, but this does not mean the trend has shifted to a bullish reversal. The moving average structure still indicates a bearish trend; the rebound appears to be a test of short-term resistance after a recent bottoming out during consolidation.

On the four-hour chart, early in the session, a spike tested the bottom at 65,000, then quickly recovered upward, breaking out of the weekend consolidation zone and suggesting further continuation. The rebound seems to be a test of whether the key resistance at 68,000 can form a top-bottom reversal, potentially establishing a bearish pattern.

In terms of trading strategy, focus on high positions.

Bitcoin can be shorted around 67,500-68,000, with a target near 66,000.
Ethereum can be shorted around 2,045-2,070, with a target near 1,950.
BTC1,2%
ETH2,99%
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YouHaveToStudyHardvip
· 3h ago
Well said, that's right. Don't say it again next time.
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